Leading Economic Index Decline Adds to Recessionary Red Flags

NYSE

The Conference Board’s Leading Economic Index showed another decline for October, suggesting the economy will finish the year on a low note. The LEI isn’t the only worrying trend pointing to an eventual recession. Even as the economy slows, the stock market could continue to climb in the near-term. But long-term worries persist. On Thursday, … Read more

Fed’s Renewed Efforts to Print Money Likely to Plunge Economy Into Recession

jerome powell, federal reserve jackson hole symposium, dow jones

On Tuesday, Federal Reserve Chairman Jerome Powell announced that the Fed will boost its purchases of short-term Treasury notes to avoid liquidity concerns experienced by the repo market last month. The announcement did not come as a surprise as we’ve been saying that the U.S. is in dire need of cash. This is especially true … Read more

‘Definitely Not a Recession’ says Economist Stocks Plow Through Slump

Stock, stocks, recession

According to Tressis chief economist Daniel Lacalle, markets are not pricing in a recession as stocks avoid a steep downturn. “Markets are not pricing a recession at all. Stocks have risen way above earnings growth and macro, so markets are actually more likely to be discounting more easing, but definitely not a recession,” he said. … Read more

U.S. Economy Recession Alert: Private Jobs Data Shows Hiring Slowdown

US economy

It is widely believed that the U.S. economy is heading toward a recession. The bad news is that the belief could turn into reality very soon as multiple recession indicators have started flashing all of a sudden. First, the Institute for Supply Management’s (ISM) PMI report for September revealed a massive contraction in U.S. manufacturing … Read more

After Epic Flash Crash, Gold Price Rebounds: 3 Reasons Why

Gold bullion price

The price of gold bounced back sharply on Tuesday, erasing a portion of Monday’s brutal drop after a protracted downturn in the manufacturing sector sapped risk sentiment from the market. Gold for December settlement, the most actively traded futures contract, reached a session high of $1,493.50 a troy ounce on the Comex division of the … Read more

Dow Futures Rally as Treasury Yield Spread Approaches Dangerous Level

US stock market

Futures on the Dow Jones Industrial Average (DJIA) rose in overnight trading Monday, as China trade optimism caused investors to look beyond a breakdown in U.S. Treasury yields. Dow Futures Rally; S&P 500, Nasdaq Follow The three main U.S. futures contracts reported gains Monday, with the Dow Jones Industrial Average climbing 98 points, or 0.4.%, to … Read more